Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$213,730$166,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.890%7.400%
Blended rate6.740%7.640%
1st payment$1,338.06$1,152.81
2nd payment$0.00$0.00
Taxes / mo$265.58$265.58
Insurance / mo$150.00$150.00
MI / mo$159.97$33.30
HOA / mo$0.00$0.00
Total monthly$1,913.61$1,601.70
Cash to close$0$18,500